Businesses today are most likely to succeed if they can make faster and more informed decisions than their competitors.
For this they need quick, easy and accurate insights from their financial data. AccountsIQ’s Cloud-based accounting software provides advanced accounting and reporting for forward-thinking businesses – at any time, from anywhere and from any device.
Each transaction is given a unique general ledger code. These analysis codes allow you to group data by item. On top, you can cross reference your data in up to six different analysis groups which allows you to report on these items by location, cost centre, department or by whatever view is important to you. Your analysis codes and analysis groups can be labelled using your own unique naming convention.
Your financial data can then be used to produce Key Performance Indicators (KPIs). You can also benchmark KPIs across a multi-unit business as the data can be easily consolidated to give you one clear view across the group.